Powell: Proper regulation is needed before DeFi expands to retail
Chain Catcher News, September 27, at the "Opportunities and Challenges of Financial Tokenization" event hosted by the Bank of France, Federal Reserve Chairman Powell stated that the DeFi ecosystem has "significant structural issues related to a lack of transparency," indicating weaknesses in regulation and the work that needs to be done. He added that as DeFi expands and begins to reach more retail customers, appropriate regulation needs to be established. (Source link)
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags